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Re: are stop orders native ?


 

Did the events you describe happen in a paper or a live account? Certain order types do not exist at all in paper accounts and others may behave differently from live trading environments. And since paper trading represents a "best guess" on IBKR's part as to how the order would have traded in the live environment, timing especially in challenging situations, will be considerably different.

suggests that no STP order is routed natively to the exchanges. Only certain STP LMT orders may become native exchange orders. That suggests that you cannot construct an order that results in a native "Stop with Protection" order.

I have never looked into this in detail, but anecdotally, from the colored flag in the Monitor -> Orders tab in TWS, I have never seen natively routed futures orders other than LMT orders (e.g. green flag). All other orders have the blue flag that says "Order is being held and monitored".

Below a few quick tests I did in a paper account.

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On Mon, May 5, 2025 at 10:06 AM, @sv624 wrote:

I thought so too, but seeing them not getting filled as expected made me doubt it.

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